The Global Buildings Construction Market Report by The Business Research Company covers buildings construction market drivers and restraints, buildings construction market size, major players, and the impact of COVID-19 on the buildings construction market.
The building construction market consists of sales of buildings construction services and related goods by entities (organizations, sole traders and partnerships) that construct buildings. Establishments that prepare sites for new construction and those that subdivide land for sale as building sites are included in this market. The building construction market includes new work, additions, alterations, maintenance, and repairs.
The population profile of most countries is becoming older, increasing the demand for elderly friendly infrastructure. The global buildings construction market is expected to grow from $5.87 trillion in 2020 to $6.45 trillion in 2021 at a compound annual growth rate (CAGR) of 9.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $8.75 trillion in 2025 at a CAGR of 8%.
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Some buildings construction market trends include increasingly using green construction techniques to build energy efficient buildings and reduce construction costs. Green construction refers to the practice of using sustainable building materials and construction processes to create energy-efficient buildings with minimal environmental impact.
Global buildings construction market segments include:
1) By Type: Residential Building Construction, Nonresidential Building Construction.
2) By End User Sector: Private, Public.
3) By Building Type: Smart Buildings, Traditional Buildings.
Subsegments Covered: Single-Family Housing Construction (Individual Houses), Multifamily Housing Construction (Apartments), New Housing For-Sale Builders, Residential Remodelers, Institutional Buildings, Commercial Buildings.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Buildings Construction Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides buildings construction market overviews, analyzes and forecasts market size, share, buildings construction market players, buildings construction market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The buildings construction market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Buildings Construction Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: China State Construction Engineering Co Ltd, D.R. Horton Inc, China Railway Construction Corporation Limited, Lennar Corporation, Kiewit Building Group
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Buildings Construction Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Buildings Construction Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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